Hoist Finance’s environmental footprint is not considered to be material by most stakeholders. However, with only eight years to make Agenda 2030 a reality and with demanding urgency to reach the 1.5-degree target of the Paris Agreement, we are strongly committed to minimize our environmental footprint and mitigate climate-related risks, which is also associated with reduced costs and lower business risks.
Today, Hoist Finance’s largest direct negative environmental impact consists of the energy use in our offices, our business travel, and letters sent to our customers. During 2021 we have increased our efforts to strengthen our sustainability data quality. With a new digital solution, we manage and analyse emissions better than ever before, which also allows for reduced costs. Our improved data quality is moreover vital to comply with current and upcoming climate related regulations. This year, you find Hoist Finance’s first EU Taxonomy reporting in the Sustainability Reporting Section.
- Reduce indirect and direct CO2 emissions.
- Reduce paper consumption.
UN Global Compact
- Principle 7 - Businesses should support a precautionary approach to environmental challenges.
- Principle 8 - Businesses should undertake intitiatives to promote greater environmental responsibility.
- Principle 9 - Businesses should encourage the develpment and diffusion of environmentally friendly technologies.